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Saguinto Group
In this Group: Cristina, Roman , Raquel, Ana Isabel , Pamela , Ines , Mariela, Reynaldo
Venture bank consists of 8 members of whom 5 are living in the same area of Arcoíris and Campo Verde and the rest live in the neighborhood of San Lorenzo. Their activity: selling food, selling clothes, cosmetics, etc. The President is Mrs. Cristina who has been a dressmaker for 5 years. She works at home and has her own work materials. The money from the loan will be used to buy fabric for the creation of the garments as she has already received orders for t-shirts. She is living with Mr. Benigno and they have three school-age children. The secretary Mrs. Mariela has lived in the neighborhood of San Lorenzo for 1 year. Her business is selling food at home and she lives with Mr. Luis who is a mechanic and has a son. With the loan they will buy ingredients for the preparation of their meals. The treasurer, Román, is a mason. He lives in the area of Arcoíris and he works in the district near to where he lives with Mrs. Carolina. She is a stay-at-home mother with two children. These are responsible and punctual people and they are grateful to this institution for the financial support and motivation to excel in their businesses and activities.
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Banco de emprendimiento integrado por 8 integrantes de los cuales 5 viven en la misma zona del km. 13 urbanizacion Arcoíris y urbanizacion Campo verde y las demás viven en el barrio de San Lorenzo.
Su Actividad: servicio venta De comida, venta de ropa, cosméticos, etc.
La Presidenta es la Sra. Cristina modista hace 5 años, trabaja en su domicilio ya que cuenta con el material de trabajo propio, el dinero del crédito lo utilizara en la compra de tela para la confección de sus prendas ya que le hicieron pedidos de poleras. Su Estado civil: concubina con el sr. Benigno y tienen tres hijos que se encuentran en edad escolar.
Secretaria La Sra. Mariela vive en el barrio San Lorenzo hace 1 año, su actividad es venta de comida en su domicilio concubina con el sr. Luis el cual es mecánico y tienen un hijo en su poder, con el dinero del crédito comprara insumos para la elaboración de sus platillos.
Tesorero: Román su actividad es albañil, vive en la urb. Arcoíris km. 13 y trabaja cerca a la zona donde vive, concubino con la Sra. Carolina la cual se dedica a labores de casa y cuentan con 2 hijos a su poder. Son personas responsables y puntuales y están agradecidos con la institución por el apoyo económico y la motivación de superación en sus negocios y actividades.

Additional Information

About Emprender

Emprender has been working in Bolivia since 1999. It is dedicated to becoming a key tool in the development of its clients and the improvement of their quality of life. Operating in three of Bolivia’s major cities – La Paz, Cochabamba, and Santa Cruz – Emprender offers both urban and rural clients the opportunity to obtain financial products tailored to fit their needs and businesses. These products include housing loans, salary loans, “opportunity” (short-term) loans, and higher education loans. To better the quality of life for its clients and non-clients through non-financial services, Emprender offers free medical consultations and health classes given by trained doctors.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Bolivia

  • $2,817
    Average annual income
  • 77
    View loans »
    Bolivia Loans Fundraising
  • $29,441,350
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Saguinto Group's $2,200 loan helped a member purchase of fabric and ingredients for meals.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 29, 2010
Listed
Nov 14, 2010
Currency Exchange Loss:
Possible
Ended:
May 15, 2011